Kamino Finance has launched fixed-term borrowing rates on the Solana blockchain, aiming to provide users with long-term cost stability amid volatile interest rates. This initiative comes in response to Jupiter Lend's borrowing rates exceeding 20% in November. Kamino, with a market cap of $186 million, utilizes Gauntlet's risk management tools to support this new offering. This marks the first instance of fixed-term borrowing rates on Solana, a network traditionally dominated by floating rates.